Payment Analysis
411.00CAD/monthin Montreal, QC
- 411.00 CAD/month
- 189.69 CAD/bi-weekly
- 94.85 CAD/week
- 4,932.00 CAD/year
Before Taxes:
Incl. Québec Taxes (14.98%):
- 472.57 CAD/month
- 218.11 CAD/bi-weekly
- 109.05 CAD/week
- 5,670.81 CAD/year
Lease Takeover/Buyout Analysis
The Lease Takeover Analysis (LTA) "Leasing Purposes" section is an impartial review made by a Lease Takeover Specialist from LeaseCosts Canada Inc. and should be used as reference. (Learn more about the LTA)
For Leasing Purposes
With this deal, you are saving:
65,047 ~ 66,347 CAD
compared to leasing a BRAND NEW:
<ul>
<li>Sonata Hybrid Automatic 2WD</li>
<li>for 12 months</li>
<li>in QC</li>
<li>$0 down payment</li>
<li>16,000 km/year</li>
</ul>
| Leasing New (CAD/month) | 1,262 |
|---|---|
| This Contract (CAD/month) | 411 |
| Monthly Difference | 851 CAD/month |
| Remaining Term | x 74 months |
| Total Monthly Difference | = 62,974 CAD |
| + Cash Incentive** (CAD) | + 473 |
| + Winter Tires Cost (CAD) | + 800 ~ 1,200 |
| + Wear & Tear Coverage (CAD) | + 800 ~ 1,700 |
| Total Savings (CAD) | = 65,047 ~ 66,347 |
| ** "Cash Incentive" is not just a saving, it is physical money. |
For Buyout Purposes
To own this vehicle today (buying it as a used car) would cost:
46,344 CAD
- Total Vehicle Debt: 32,249 CAD
- Paid so Far: -14,568 CAD (-46% Paid)
- Remaining Lease Payments: 30,414 CAD
- Residual Value: 16,403 CAD
- Cash Incentive: 473 CAD
Vehicle Debt & Value
Paid so far: -14,568 CAD Total Vehicle Value: 32,249 CAD
Vehicle Debt Breakdown
Downpayment: 1,050 CAD Remaining Term: 30,414 CAD
Term Paid so Far: -15,618 CAD Residual Value: 16,403 CAD
Cost to Own
Already Paid: -14,568 CAD (-46%)
Cash Incentive: 473 CAD Buyout Price Today: 46,344 CAD
Interested on financing the vehicle? This section automatically calculates the following scenarios: (Learn more about this financial analysis)
Finance the remaining Debt Today
Remaining Term + Residual Value: 46,344 CAD
- 4.9%Interest Rate x 48 months
- 1,065 CAD/month + tax
- Total Payable: 51,128 CAD
- Total Interest: 4,784 CAD
- 8.9%Interest Rate x 48 months
- 1,151 CAD/month + tax
- Total Payable: 55,251 CAD
- Total Interest: 8,907 CAD
- 14.9%Interest Rate x 48 months
- 1,287 CAD/month + tax
- Total Payable: 61,797 CAD
- Total Interest: 15,453 CAD
At the end of the Lease Contract
Residual Value: 16,403 CAD (in 74 months)
- 4.9%Interest Rate x 48 months
- 377 CAD/month + tax
- Total Payable: 18,096 CAD
- Total Interest: 1,693 CAD
- 8.9%Interest Rate x 48 months
- 407 CAD/month + tax
- Total Payable: 19,556 CAD
- Total Interest: 3,153 CAD
- 14.9%Interest Rate x 48 months
- 456 CAD/month + tax
- Total Payable: 21,872 CAD
- Total Interest: 5,469 CAD
Business Vehicle Analysis
This section is very important if you are interested in the vehicle for Uber, Lyft, Turo, Getaround, vehicle rental or for a business. (Learn more about this section)
Distance Analysis
Cost to drive 100km: (CAD)
260.36
- + tax
- + fuel
- + insurance
Time Analysis
Cost per day: (CAD)
13.30
- + tax
- + insurance
- + km driven & fuel
Remaining Km
Can be driven up to:
35.86
- km/week
- without any
- additional costs
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